Org.nr 985 825 343 2012 → 2013 Year-over-year analysis

ABT INVEST AS: årsregnskap 2013 vs 2012

Stronger earnings

approved 2014-06-12; registry 2014-06-19; journal 2014 478884

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABT INVEST AS. Net result -226.1k NOK → -104.9k NOK. Equity 2.57m NOK → 2.46m NOK.

On the constructive side: net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABT INVEST AS.

At a glance

Net result

-226.1k NOK -104.9k NOK

+53.6%

Equity

2.57m NOK 2.46m NOK

-4.1%

Cash

76.4k NOK 82.3k NOK

+7.7%

Total assets

2.64m NOK 2.82m NOK

+6.8%

↓
Equity eroded

Book equity 2.57m NOK → 2.46m NOK (equity ratio 97.3% → 87.3%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.06× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
COGS moved

COGS / varekostnad 39.3k NOK → 73.7k NOK (+87.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 2.54m NOK → 8 NOK. Reported fact